FirmaIQ
Org.nr 923 959 785 2021 → 2022 Year-over-year analysis

4FAG AS: årsregnskap 2022 vs 2021

Shrank 20% on revenue, weaker earnings, cash halved-plus

approved 2023-10-10; registry 2023-10-14; journal 2023 734214

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 4FAG AS. Revenue 5.95m NOK → 4.73m NOK (-20.4%). Net result +394.4k NOK → +127.2k NOK. Equity 487.9k NOK → 368.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4FAG AS.

At a glance

Scorecard

Revenue
5.95m NOK 4.73m NOK
-20.4%
Operating result
+521.6k NOK +188.2k NOK
-63.9%
Net result
+394.4k NOK +127.2k NOK
-67.8%
Equity
487.9k NOK 368.3k NOK
-24.5%
Cash
571.7k NOK 103.2k NOK
-81.9%
Total assets
2.81m NOK 2.26m NOK
-19.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.95m NOK to 4.73m NOK (-20.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +521.6k NOK → +188.2k NOK (op. margin 8.8% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +394.4k NOK → +127.2k NOK (net margin 6.6% → 2.7%). Calculated

  • ↓

    Equity eroded

    Book equity 487.9k NOK → 368.3k NOK (equity ratio 17.4% → 16.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 571.7k NOK → 103.2k NOK (-81.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.05m NOK → 1.96m NOK (-35.7% YoY). Calculated